Indian Economy
Devaluation of currency leads to

fall in domestic prices
no impact on domestic prices
erratic fluctuations in domestic prices
increase in domestic prices

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Indian Economy
If the RBI adopted an expansionist open market operations policy, this means that it will

sell securities in the open market
buy securities from non-government holders
openly announce to the market that it intends to expand credit
offer commercial banks more credit in the open market

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Indian Economy
Fiscal deficit in the Union Budget means

the sum of monetized deficit and budgetary deficit
the sum of budgetary deficit and net increase in internal and external borrowings
net increase in Union Governments borrowings from the Reserve Bank of India
the difference between current expenditure and current revenue

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